Board of Directors
In September 2021, the General Assembly elected the following Board of Directors for the period of 2021 to 2024:
President

Guy Selbherr
Guy Selbherr is member of the board of directors of the guarantee bank of the German federal state of Baden-Wuerttemberg, “Bürgschaftsbank Baden-Württemberg GmbH” and CEO of the SME-oriented investment company “MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH”.
Guy was born in 1965. He trained as lending officer at a co-operative bank. Later he studied business and administration. In 1992 he started working at the guarantee bank of the federal state of Baden-Wuerttemberg, the “Bürgschaftsbank Baden-Württemberg GmbH”. He then became executive assistant.
In 2004 he was elected member of the board of directors. At the same time, he became CEO of the SME-oriented investment company MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg.
In 2007 the General Assembly of AECM elected him as member of the Board of Directors of AECM and he was re-elected in 2009, 2011, 2013, 2015, 2018, and 2021. In 2021 he became President of AECM.
In June 2014 he was elected President of the association of German guarantee banks VDB, “Verband Deutscher Bürgschaftsbanken”, the German member of AECM, and his mandate was renewed in 2017, 2020, and 2023.
Members of the Board

Marijana Oreb | Croatia | AECM Vice-President, Member of the Board, HAMAG-BICRO
Christian Dubarry | France | AECM Vice-President, Member of the Board, BpiFrance
Dumitru Nancu |Romania | AECM Vice-President, Member of the Board, FNGCIMM
Zenón Vázquez Irizar | Spain | AECM Vice-President, Member of the Board, CESGAR
Viviane Mol | Belgium | AECM Secretary of the Board and Treasurer, SOWALFIN
Kurt Leutgeb | Austria | AECM Member of the Board, aws
Tomáš Nidetzký | Czechia | AECM Member of the Board, NRB
Juuso Heinilä | Finland | AECM Member of the Board, Finnvera
George Zavvos | Greece | AECM Member of the Board, HDB
László Tóth| Hungary | AECM Member of the Board, AVHGA
Giorgio Venceslai| Italy | AECM Member of the Board, ISMEA
Jēkabs Krieviņš| Latvia| AECM Member of the Board, ALTUM
Mateusz Olszak | Poland | AECM Member of the Board, BGK
Miguel Sousa Branca | Portugal | AECM Member of the Board, BPF
Roland Starmans | The Netherlands | AECM Member of the Board, RVO
A. Kadir Akgül | Turkey | AECM Member of the Board, TESKOMB
Luke Aylward | United Kingdom| AECM Member of the Board, BBB
Founding President AECM: Pablo Pombo | Honorary President
Special Honorary President with the special mandate for international relations as well as for the recognition and defense of mutual guarantee systems | José Fernando Figueiredo
AECM’s institutional history
President
- Bernhard SAGMEISTER (aws, Austria)
Vice Presidents
- Karine Desroses (SIAGI, France)
- Guy Selbherr (VDB, Germany)
- Enrico Gaia (Assoconfidi, Italy)
- Zenón Vázquez Irizar (CESGAR, Spain)
Board Members
- Marijana Oreb (HAMAG-BICRO, Croatia)
- Jiří Jirasek (CMZRB, Czechia)
- László Tóth (Rural Credit Guarantee Foundation, Hungary)
- Jēkabs Krieviņš (ALTUM, Latvia)
- Halina Wiśniewska (BGK, Poland)
- Beatriz Freitas (BPF, Portugal)
- Dumitru Nancu (FNGCIMM, Romania)
- A. Kadir Akgül (TESKOMB, Turkey)
- Daniel Goupillat (SOCAMA, France)
Secretary and Treasurer
- Peter Sleeckx (PMV, Belgium)
Secretariat
- Katrin STURM (Brussels)
President
- Bernhard SAGMEISTER (aws, Austria)
Vice Presidents
- Jean-Claude DEPOISIER / Gilbert REBEYROLE (SOCAMA, France)
- Guy SELBHERR (VDB, Germany)
- Adelio FERRARI / Enrico GAIA (Assoconfidi, Italy)
- Pedro PISONERO PEREZ (SGR / CESGAR, Spain)
Board Members
- Samuil SHIDEROV (NGF, Bulgaria)
- Eva BUZA (Garantiqa, Hungary)
- Audrius ZABOTKA (Invega, Lithuania)
- Inga BALZEKAITE (Garfondas, Lithuania)
- Halina WISNIEWSKA (BGK, Poland)
- António GASPÁR (SPGM, Portugal)
- Carmen RADU (FRC, Romania)
- Silvia CIORNEI (FNGCIMM, Romania)
- Abdul Kadir AKGÜL (Teskomb, Turkey)
Secretary and Treasurer
- Bernard JEHIN (SOWALFIN, Belgium)
Secretariat
- Katrin STURM (Brussels)
President
- José Fernando FIGUEIREDO (SPGM, Portugal)
Vice Presidents
- Bernard STALTER (SIAGI, France)
- Guy SELBHERR (VDB, Germany)
- Enrico GAIA (Assoconfidi, Italy)
- Ramón GONZÁLEZ ROSALÍA (SGR / CESGAR, Spain)
Board Members
- Bernhard SAGMEISTER (A.W.S., Austria)
- Inabat TÖRÖK / Zoltan URBAN (Garantiqa, Hungary)
- Audrius ZABOTKA (Invega, Lithuania)
- Halina WISNIEWSKA (BGK, Poland)
- Aurel SARAMET / Silvia CIORNEI (FNGCIMM, Romania)
- Abdul Kadir AKGÜL (TESKOMB, Turkey)
Secretary and Treasurer
- Bernard JEHIN (SOWALFIN, Belgium)
Secretariat
- Katrin STURM (Brussels)
President
- José Fernando FIGUEIREDO (SPGM, Portugal)
Vice Presidents
- Francesco BELLOTTI (Assoconfidi, Italy)
- Ramón GONZÁLEZ ROSALÍA (CESGAR, Spain)
- Gilbert REBEYROLE (Fédération Nationale des SOCAMA, France)
- Guy SELBHERR (VDB, Germany)
Board Members
- Kurt LEUTGEB (aws, Austria)
- Abdul Kadir AKGÜL (TESKOMB, Turkey)
- Márton VADASZ (Garantiqa Zrt., Hungary)
- Alexandros PAPARSENOS (ETEAN, Greece)
- Aurel SARAMET (FNGCIMM, Romania)
- Tomo GARANTINI (RRA-GIZ)
Secretary and Treasurer
- Bernard JEHIN (SOWALFIN, Belgium)
Secretariat
- Marcel ROY (Brussels)
President
- José Fernando FIGUEIREDO (SPGM, Portugal)
Vice Presidents
- Francesco BELLOTTI (Assoconfidi, Italy)
- Ramón GONZÁLEZ ROSALÍA (CESGAR, Spain)
- Alain AUDOUARD (SIAGI, France)
- Guy SELBHERR (VDB, Germany)
Board Members
- Kurt LEUTGEB (aws, Austria)
- Aurel SARAMET (FNGCIMM, Romania)
- Abdul Kadir AKGÜL (TESKOMB, Turkey)
- Anikó ULRICH (AVHGA, Hungary)
Secretary and Treasurer
- Gérard TALLOEN (Belgium)
Secretariat
- Marcel ROY (Brussels)
President
- José Fernando FIGUEIREDO (SPGM, Portugal)
Vice Presidents
- Arrigo GHIZZONI (ASSOCONFIDI, Italy)
- Ramón GONZÁLEZ ROSALÍA (CESGAR, Spain)
- Gilbert REBEYROLE (Fédération Nationale des SOCAMA, France)
- Guy SELBHERR (VDB, Germany)
Board Members
- Kurt LEUTGEB (aws, Austria)
- Alexandros PAPARSENOS (TEMPME, Greece)
- Aurel SARAMET (FNGCIMM, Romania)
- Abdul Kadir AKGÜL (TESKOMB, Turkey)
- Anikó ULRICH (AVGHA, Hungary)
Secretary and Treasurer
- Gérard TALLOEN (Belgium)
Secretariat
- Marcel ROY (Brussels)
President
- Hans-Herbert STROMBECK (VDB, Germany)
Vice Presidents
- Ramón GONZALEZ-ROSALIA (Spain; banking supervision)
- Gilbert REBEYROLE (France; relations with EU institutions)
- Arrigo GHIZZONI (Italy; SMEs and their representative organisations) and
- Miguel SOUSA BRANCA (Portugal; coordination EU subsidy programme)
Board Members
- Helmut DORN followed by
- Kurt LEUTGEB (Austria)
- Abdul Kadir AKGÜL (Turkey)
Secretary and Treasurer
- Gérard TALLOEN (Belgium)
Secretariat
- André DOUETTE (Brussels)
President
- Italo CALEGARI (Italy)
Vice Presidents
- Hans-Herbert STROMBECK (Germany; Relations with Financial Institutions)
- Gilbert REBEYROLE (France; Relations with EU Authorities)
- Ramón GONZALEZ ROSALIA (Spain, SMEs and their representative organizations)
Board Members
- Helmut DORN (Austria)
- Abdul Kadir AKGÜL (Turkey)
- Miguel SOUSA BRANCA (Portugal)
Secretary and Treasurer
- Gérard TALLOEN (Belgium)
Secretariat
- André DOUETTE (Brussels)
President
- Guido VERHAEGEN (Belgium)
Vice Presidents
- Hans-Herbert STROMBECK (Germany)
- Italo CALEGARI (Italy)
- Eloy BECEDAS (Spain)
Board Members
- Helmut DORN (Austria)
- David Bennet (UK, partim)
- Miguel SOUSA BRANCA (Portugal, partim)
Treasurer
- José Fernando FIGUEIREDO (Portugal, partim)
Secretariat
- André DOUETTE (Brussels)
President
- Thomas GARCIA (France)
Board Members
- Klaus KÖBERLE (Germany)
- Helmut DORN (Austria)
- Guido VERHAEGEN (Belgium)
- Angel MARTIN CABIEDES (Spain)
- Giovanni CANEVELLO (Italy)
- José FURTADO (Portugal)
- David BENNET (UK, partim)
Secretariat
- Sylvia ENRICH (Spain)
President
- Pablo Pombo (Spain)
Board Members
- Gilbert CAIRE (France)
- Friedrich SCHÜTT (Germany)
- Guido VERHAEGEN (Belgium)
- Massimo VIOLATTI (Italy)
Secretariat
- Sylvia ENRICH (Spain)